Algonquin Power & Utilities Corp. Appoints New Independent Director

Core Points - Algonquin Power & Utilities Corp. has appointed David Levenson to its Board of Directors, effective immediately, increasing the Board to nine members, with eight being independent [1][2] - The appointment aligns with the company's strategic transformation into a pure play regulated utility, aimed at simplifying the business and enhancing shareholder value [2] - David Levenson has extensive experience in private equity and infrastructure, having previously served as Managing Partner at Brookfield Asset Management and Chief Investment Officer of its infrastructure business [3] Company Overview - Algonquin Power & Utilities Corp. is a diversified international utility with approximately $18 billion in total assets, providing energy and water solutions to over one million customer connections primarily in the U.S. and Canada [4] - The company operates and has net interests in over 4 GW of installed renewable energy capacity [4] - Algonquin's shares are listed on both the Toronto Stock Exchange and the New York Stock Exchange under various symbols [4]